{"id":22383,"date":"2025-08-20T05:17:10","date_gmt":"2025-08-20T05:17:10","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2025\/08\/20\/what-is-ventuals-protocol-a-new-concept-of-pre-ipo-perpetuals-exposure\/"},"modified":"2025-08-20T05:17:10","modified_gmt":"2025-08-20T05:17:10","slug":"what-is-ventuals-protocol-a-new-concept-of-pre-ipo-perpetuals-exposure","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2025\/08\/20\/what-is-ventuals-protocol-a-new-concept-of-pre-ipo-perpetuals-exposure\/","title":{"rendered":"What is Ventuals Protocol: A New Concept of Pre-IPO Perpetuals Exposure"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"c5\"><span class=\"c2\">In recent times, the crypto market seems to lack narratives to enter the \u201cbullish phase.\u201d With some highlights between adding the traditional finance market to crypto protocol, Ventuals is gaining more and more attention from the market.<\/span><\/p>\n<h2 id=\"h.l0k0fa3869u3\" class=\"c8\"><span class=\"ez-toc-section\" id=\"What_is_Ventuals_Protocol\"\/><span class=\"c3 c12\">What is Ventuals Protocol?<\/span><span class=\"ez-toc-section-end\"\/><\/h2>\n<p class=\"c5\"><span class=\"c1\">Ventuals is a DeFi platform that allows users to trade perpetual futures contracts based on the valuation of private, pre-IPO companies. In other words, it lets users bet on the valuation of well-known startups like OpenAI, SpaceX, or Anthropic even before these companies go public.<\/span><\/p>\n<div style=\"width: 1610px\" class=\"wp-caption alignnone\"><noscript><\/noscript><img class=\"lazyload\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXeFW0IFl2rgh5sJVd-tL4GR9CkAjGZlbnPqRdqycdqQyXV4eEv7mEGXawzauu9G3dn2hacRr4-0wnCUJwfd7CKLUdAJ3ziU8ni_ZUf4Z-vVKkirXwlG1TH7X7D9CjYfwLtmA1dppA?key=MH1jJFbyvUUB3uEp9kyHPw\" alt=\"What is Ventuals Protocol?\" width=\"1600\" height=\"1148\"\/><\/p>\n<p class=\"wp-caption-text\">Source: Ventuals Official Website<\/p>\n<\/div>\n<p class=\"c5\"><span class=\"c1\">The project\u2019s goal is to make private capital markets, which were previously limited to professional investors, accessible to a global audience. This creates a completely new type of asset in DeFi. As the team wrote on X, Ventuals \u201cturns private company valuations into tradable perp markets. What was once limited to insiders is now open to anyone to trade.\u201d<\/span><\/p>\n<p class=\"c5\"><span class=\"c2\">Ventuals is built on <a href=\"https:\/\/nftevening.com\/what-is-hyperliquid\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener\">Hyperliquid<\/a>, a decentralized trading infrastructure with very low latency and the ability to process 100,000 orders per second. This addresses one of the biggest issues in DeFi derivatives: thin liquidity and slow execution speeds. The unique aspect of Ventuals is that it \u201copens\u201d the private equity market, which was previously only for venture capital funds or institutions, to retail investors worldwide.<\/span><\/p>\n<blockquote>\n<p>For more: <a href=\"https:\/\/nftevening.com\/what-is-an-ipo\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener\">What Is an IPO? Understanding Public Listings in TradFi and Crypto<\/a><\/p>\n<\/blockquote>\n<h2 id=\"h.tgbl7taux4eu\" class=\"c8\"><span class=\"ez-toc-section\" id=\"Infrastructure_of_Hyperliquid_and_HIP-3\"\/><span class=\"c10 c3\">Infrastructure of Hyperliquid and HIP-3<\/span><span class=\"ez-toc-section-end\"\/><\/h2>\n<p class=\"c5\"><span class=\"c1\">Ventuals uses HyperliquidX as its base infrastructure. Hyperliquid is known as one of the fastest and most reliable decentralized derivatives platforms, comparable to centralized exchanges such as Binance Futures.<\/span><\/p>\n<p class=\"c5\"><span class=\"c1\">Hyperliquid can process up to 100,000 orders per second, ensuring very fast execution and minimal latency. On top of this, Ventuals applies the HIP-3 standard, which enables the creation of unlimited futures markets for new types of assets. HIP-3 makes it possible to build custom futures contracts and expand beyond crypto assets like BTC and ETH to include startup valuation indices while still maintaining the same level of security and efficiency as traditional markets.<\/span><\/p>\n<blockquote>\n<p>For more: <a href=\"https:\/\/nftevening.com\/hyperliquid-deep-dive-2\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener\">Hyperliquid Deep Dive: Understand HYPE and HLP Model<\/a><\/p>\n<\/blockquote>\n<p class=\"c5\"><span class=\"c2\">This means Ventuals is not simply copying centralized futures into DeFi but is instead creating a new asset type: futures tied to private company valuations. The design is able to handle complex financial products that traditional exchanges often avoid. After just 24 hours of launching its VLP Vault, Ventuals recorded a TVL of 10.36 million USD with an APR of 10.91%.<\/span><\/p>\n<div style=\"width: 1610px\" class=\"wp-caption alignnone\"><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXfHta-IZXmT-OVtTutq7TfDYt4XZA83BiM-P3iaiPWyriNxsLKXNtpaTYAWpf-wICjbdhLm4ma14Bdnh2Ip2mu0KfgBvfvOWTD2_L7UvYWclBvPW98TgA_mKKdbBfb_Fp36XUbU?key=MH1jJFbyvUUB3uEp9kyHPw\" alt=\"Infrastructure of Hyperliquid and HIP-3\" width=\"1600\" height=\"888\"\/><\/noscript><img class=\"lazyload\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXfHta-IZXmT-OVtTutq7TfDYt4XZA83BiM-P3iaiPWyriNxsLKXNtpaTYAWpf-wICjbdhLm4ma14Bdnh2Ip2mu0KfgBvfvOWTD2_L7UvYWclBvPW98TgA_mKKdbBfb_Fp36XUbU?key=MH1jJFbyvUUB3uEp9kyHPw\" alt=\"Infrastructure of Hyperliquid and HIP-3\" width=\"1600\" height=\"888\"\/><\/p>\n<p class=\"wp-caption-text\">Source: Ventuals Official Website<\/p>\n<\/div>\n<p class=\"c5\"><span class=\"c1\">From another technical aspect to consider, Ventuals uses an optimistic oracle to bring the off-chain data onto the blockchain transparently. The data, such as startup valuations, will include the project fundraising rounds, the secondary market valuations, or any other metrics related to the protocol. All of this kind of information will be on-chain, making the futures contracts public and verifiable, reducing the opaque part in the exposure with data.<\/span><\/p>\n<p class=\"c5\"><span class=\"c1\">With this model, Ventuals turns hard-to-access startups into liquid, tradable assets. This is a major step forward in democratizing private markets. Data also shows that within just two weeks of launching its testnet, Ventuals recorded encouraging numbers.<\/span><\/p>\n<blockquote>\n<p>For more: <a href=\"https:\/\/nftevening.com\/hyperliquid-dydx-aevo-gmx\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener\">Hyperliquid vs. dYdX, Aevo, GMX: Into the Future of Derivatives<\/a><\/p>\n<\/blockquote>\n<div style=\"width: 1210px\" class=\"wp-caption alignnone\"><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXdT4yZldJRXN1EdTEN3vkK709lOtcK0Rqwxe-2gatzlsesBIE864rWb-0vswtjAHOSRkHXvTjpmPqTkvvnemQi51DVZJlB0DWo3EGuWaDA_sEvCau0ba8FmafunwhiC7QZxnSdoIg?key=MH1jJFbyvUUB3uEp9kyHPw\" alt=\"Infrastructure of Hyperliquid and HIP-3\" width=\"1200\" height=\"675\"\/><\/noscript><img class=\"lazyload\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXdT4yZldJRXN1EdTEN3vkK709lOtcK0Rqwxe-2gatzlsesBIE864rWb-0vswtjAHOSRkHXvTjpmPqTkvvnemQi51DVZJlB0DWo3EGuWaDA_sEvCau0ba8FmafunwhiC7QZxnSdoIg?key=MH1jJFbyvUUB3uEp9kyHPw\" alt=\"Infrastructure of Hyperliquid and HIP-3\" width=\"1200\" height=\"675\"\/><\/p>\n<p class=\"wp-caption-text\">Source: Ventuals X<\/p>\n<\/div>\n<h2 id=\"h.6pyjzhute33e\" class=\"c8\"><span class=\"ez-toc-section\" id=\"Ventuals_Testnet_VLP_Vault_and_Airdrop_Potentials\"\/><span class=\"c10 c3\">Ventuals Testnet, VLP Vault, and Airdrop Potentials<\/span><span class=\"ez-toc-section-end\"\/><\/h2>\n<p class=\"c5\"><span class=\"c1\">Ventuals is currently live on testnet, giving users the chance to try the platform without real capital. By registering, users receive 500 testnet USDC to experiment with long and short trades on startup valuation contracts. This also builds potential eligibility for a future airdrop when the mainnet and token launch, though no official confirmation has been made yet.<\/span><\/p>\n<div style=\"width: 1208px\" class=\"wp-caption alignnone\"><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXfiTVArPQ2gBHU36rwAd5ergZUvW34kn7zljSh9H-yTvXjm5GkhLeQ04Om3XeC9NlPKkrwgTDBG-eyTkREk_nguV0aXBZ5ZM4wGYvrf4k1v3o0juKOlB875xkcJIwX4uiD-j3Tc5g?key=MH1jJFbyvUUB3uEp9kyHPw\" alt=\"Ventuals Testnet, VLP Vault, and Airdrop Potentials\" width=\"1198\" height=\"484\"\/><\/noscript><img class=\"lazyload\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXfiTVArPQ2gBHU36rwAd5ergZUvW34kn7zljSh9H-yTvXjm5GkhLeQ04Om3XeC9NlPKkrwgTDBG-eyTkREk_nguV0aXBZ5ZM4wGYvrf4k1v3o0juKOlB875xkcJIwX4uiD-j3Tc5g?key=MH1jJFbyvUUB3uEp9kyHPw\" alt=\"Ventuals Testnet, VLP Vault, and Airdrop Potentials\" width=\"1198\" height=\"484\"\/><\/p>\n<p class=\"wp-caption-text\">Source: X Moxxie<\/p>\n<\/div>\n<p class=\"c5\"><span class=\"c2\">In addition to trading, Ventuals has introduced the VLP (Ventuals Liquidity Provider) Vault. This allows users to provide liquidity under the HIP-3 standard on HyperBeat. The Vault increases liquidity for futures contracts, offers passive income for LPs, and will likely be an important factor for token rewards in a future airdrop.<\/span><\/p>\n<h2 id=\"h.4v1g5f1gmidh\" class=\"c8\"><span class=\"ez-toc-section\" id=\"Ventuals_Community_Growth_and_Social_Signals\"\/><span class=\"c10 c3\">Ventuals Community Growth and Social Signals<\/span><span class=\"ez-toc-section-end\"\/><\/h2>\n<p class=\"c5\"><span class=\"c1\">Just a few weeks after launching the testnet, the Ventuals protocol has quickly attracted attention from the crypto community. The project also keeps constantly launching new features after attracting users. The newly launched one is the Ventuals Startup Dashboard, which provides structured data about private AI companies before they IPO.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Organized by category, you can see important company metrics like:<\/p>\n<p>\u2013 Last round valuations<br \/>\u2013 Total capital raised<br \/>\u2013 Monthly active users<br \/>\u2013 Reported annualized revenue<br \/>\u2013 Usage market share<\/p>\n<p>With links to sources for each piece of information. <a href=\"https:\/\/t.co\/1f2RUdJvpw\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">pic.twitter.com\/1f2RUdJvpw<\/a><\/p>\n<p>\u2014 Ventuals (@ventuals_) <a href=\"https:\/\/twitter.com\/ventuals_\/status\/1943317476332442063?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">July 10, 2025<\/a><\/p>\n<\/blockquote>\n<p class=\"c5\"><span class=\"c1\">The dashboard includes a wide range of information, such as last round valuations, total capital raised for projects, monthly active users, reported annualized revenue, interest over time, usage market share, and the fundraising round breakdown. All the information comes with links to sources.<\/span><\/p>\n<div style=\"width: 1610px\" class=\"wp-caption alignnone\"><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXf0oxsOUzHgWUNi77tYO1-RVhNnl2tlnmvlbCbWCk51TiJztWF84Osp79HUeY2bgNNXesUCdJm15iuP-qNeOFl8oLBWw3AjaxzkbZaHH8A-nplkMULz9kx0yGiy9nCFrts0um-V?key=MH1jJFbyvUUB3uEp9kyHPw\" alt=\"Ventuals Community Growth and Social Signals\" width=\"1600\" height=\"1009\"\/><\/noscript><img class=\"lazyload\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXf0oxsOUzHgWUNi77tYO1-RVhNnl2tlnmvlbCbWCk51TiJztWF84Osp79HUeY2bgNNXesUCdJm15iuP-qNeOFl8oLBWw3AjaxzkbZaHH8A-nplkMULz9kx0yGiy9nCFrts0um-V?key=MH1jJFbyvUUB3uEp9kyHPw\" alt=\"Ventuals Community Growth and Social Signals\" width=\"1600\" height=\"1009\"\/><\/p>\n<p class=\"wp-caption-text\">Source: Ventuals X<\/p>\n<\/div>\n<p class=\"c5\"><span class=\"c1\">According to RootData X, in the past week Ventuals was the project that gained the most new followers from top influencers on X, surpassing many names in DeFi and GameFi. Well-known figures such as Gmoney, WSBMod, and Mr. Block have followed and mentioned the project.<\/span><\/p>\n<div style=\"width: 1610px\" class=\"wp-caption alignnone\"><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXeucQtnKmp_ClyeVZHVUCJR4g9M20yd7uwtOS5aA_oqXoSYBJMCtgzo4NSDzRESkCFogTP44kEksCZNRifGHYwtB5yZhSA-u68mUCftnyvDLZmPFgK306AG-A5p-RtoCimytEAD-A?key=MH1jJFbyvUUB3uEp9kyHPw\" alt=\"Ventuals Community Growth and Social Signals\" width=\"1600\" height=\"1285\"\/><\/noscript><img class=\"lazyload\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXeucQtnKmp_ClyeVZHVUCJR4g9M20yd7uwtOS5aA_oqXoSYBJMCtgzo4NSDzRESkCFogTP44kEksCZNRifGHYwtB5yZhSA-u68mUCftnyvDLZmPFgK306AG-A5p-RtoCimytEAD-A?key=MH1jJFbyvUUB3uEp9kyHPw\" alt=\"Ventuals Community Growth and Social Signals\" width=\"1600\" height=\"1285\"\/><\/p>\n<p class=\"wp-caption-text\">Source: RootData<\/p>\n<\/div>\n<h2 id=\"h.rdl8iwvhh2hm\" class=\"c5 c14\"><span class=\"ez-toc-section\" id=\"How_to_Use_Ventuals_Protocol_Testnet_2025\"\/>How to Use Ventuals Protocol (Testnet 2025)<span class=\"ez-toc-section-end\"\/><\/h2>\n<h3 id=\"h.d2cdiw41fd49\" class=\"c20\"><span class=\"c0\">Set up your wallet and Connect<\/span><\/h3>\n<p class=\"c5\"><span class=\"c2\">First, you\u2019ll need a Web3 wallet such as\u00a0<\/span><span class=\"c3\">Metamask<\/span><span class=\"c1\">, Rabby, or any EVM-compatible wallet.<\/span><\/p>\n<ul class=\"c13 lst-kix_b5hl9y2e1e9y-0 start\">\n<li class=\"c4 li-bullet-0\"><span class=\"c2\">Go to the official testnet site:\u00a0<\/span><span class=\"c3 c9\"><a class=\"c17\" href=\"https:\/\/www.google.com\/url?q=http:\/\/testnet.ventuals.com&amp;sa=D&amp;source=editors&amp;ust=1755667118530959&amp;usg=AOvVaw1fg1yFGE5JUrV2T7a6jaqU\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">testnet.ventuals.com<\/a><\/span><span class=\"c1\">.<\/span><\/li>\n<li class=\"c4 li-bullet-0\"><span class=\"c2\">Click\u00a0<\/span><span class=\"c3\">Connect Wallet<\/span><span class=\"c1\">.<\/span><\/li>\n<li class=\"c4 li-bullet-0\"><span class=\"c2\">Once connected, you\u2019ll receive\u00a0<\/span><span class=\"c3\">500 testnet USDC<\/span><span class=\"c1\"> for free to try out the platform.<\/span><\/li>\n<\/ul>\n<h3 id=\"h.kjvd4hz6746f\" class=\"c20\"><span class=\"c0\">Trading pre-IPO Perpetual Futures<\/span><\/h3>\n<p class=\"c5\"><span class=\"c2\">Ventuals lets you go\u00a0<\/span><span class=\"c3\">long<\/span><span class=\"c2\">\u00a0or\u00a0<\/span><span class=\"c3\">short<\/span><span class=\"c1\">\u00a0on the valuations of high-profile startups like OpenAI, SpaceX, or Anthropic.<\/span><\/p>\n<ul class=\"c13 lst-kix_knw5pcdpalvr-0 start\">\n<li class=\"c4 li-bullet-0\"><span class=\"c2\">Open the\u00a0<\/span><span class=\"c3\">Trade<\/span><span class=\"c1\">\u00a0tab on the upper left.<\/span><\/li>\n<li class=\"c4 li-bullet-0\"><span class=\"c1\">Pick the company you want to trade.<\/span><\/li>\n<li class=\"c4 li-bullet-0\"><span class=\"c1\">Enter the amount of USDC (testnet) you want to use.<\/span><\/li>\n<li class=\"c4 li-bullet-0\"><span class=\"c2\">Select\u00a0<\/span><span class=\"c3\">Long (Buy)<\/span><span class=\"c2\">\u00a0if you expect the valuation to go up, or\u00a0<\/span><span class=\"c3\">Short (Sell)<\/span><span class=\"c1\">\u00a0if you expect it to drop.<\/span><\/li>\n<li class=\"c4 li-bullet-0\"><span class=\"c1\">Choose leverage (up to 10x).<\/span><\/li>\n<li class=\"c4 li-bullet-0\"><span class=\"c1\">Confirm the transaction in your wallet.<\/span><\/li>\n<\/ul>\n<p class=\"c5\"><span class=\"c1\">After opening a position, you\u2019ll see it in your personal dashboard with details like PnL, margin, and liquidation price.<\/span><\/p>\n<div style=\"width: 1610px\" class=\"wp-caption alignnone\"><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXenUMLvEzhuzLaPrjxCUYJ9cYiE8eSC73gD3D8Cqifkno_Kh2PB6_bbTOuZpP0Yopz-cvr-oA6fm2p3vqvoV4QIB4N3jhOIa2bl2ejwQmyLaQKjFvp1JQ9TBkMDYuS4pG7L0prsrA?key=MH1jJFbyvUUB3uEp9kyHPw\" alt=\"Trading pre-IPO perpetual futures\" width=\"1600\" height=\"1226\"\/><\/noscript><img class=\"lazyload\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXenUMLvEzhuzLaPrjxCUYJ9cYiE8eSC73gD3D8Cqifkno_Kh2PB6_bbTOuZpP0Yopz-cvr-oA6fm2p3vqvoV4QIB4N3jhOIa2bl2ejwQmyLaQKjFvp1JQ9TBkMDYuS4pG7L0prsrA?key=MH1jJFbyvUUB3uEp9kyHPw\" alt=\"Trading pre-IPO perpetual futures\" width=\"1600\" height=\"1226\"\/><\/p>\n<p class=\"wp-caption-text\">Source: Ventuals Official Website<\/p>\n<\/div>\n<h3 id=\"h.uo7303ufdi30\" class=\"c20\">Others<\/h3>\n<p class=\"c5\"><span class=\"c1\">You can also provide liquidity and earn passive yield on VLP Vault.<\/span><\/p>\n<ul class=\"c13 lst-kix_k3c21t9wu67n-0 start\">\n<li class=\"c4 li-bullet-0\"><span class=\"c2\">Go to the\u00a0<\/span><strong><span class=\"c3\">VLP Vault<\/span><\/strong><span class=\"c1\">\u00a0section.<\/span><\/li>\n<li class=\"c4 li-bullet-0\"><span class=\"c2\">Click\u00a0<\/span><span class=\"c3\">Deposit<\/span><span class=\"c1\">\u00a0and enter how much USDC (testnet) you want to add.<\/span><\/li>\n<li class=\"c4 li-bullet-0\"><span class=\"c1\">Confirm in your wallet.<\/span><\/li>\n<\/ul>\n<p class=\"c5\"><span class=\"c2\">Ventuals also built a\u00a0<\/span><strong><span class=\"c3\">Startup Dashboard<\/span><\/strong><span class=\"c1\">\u00a0to track private AI companies before they IPO.<\/span><\/p>\n<p class=\"c5\"><span class=\"c1\">Finally, by using the testnet, you can:<\/span><\/p>\n<ul class=\"c13 lst-kix_henbyw06nx2-0 start\">\n<li class=\"c4 li-bullet-0\"><span class=\"c1\">Trade long\/short positions.<\/span><\/li>\n<li class=\"c4 li-bullet-0\"><span class=\"c1\">Provide liquidity to the VLP Vault.<\/span><\/li>\n<li class=\"c4 li-bullet-0\"><span class=\"c1\">Interact with the dashboard and give feedback to the team.<\/span><\/li>\n<\/ul>\n<p class=\"c5\"><span class=\"c2\">May these types of interaction help you qualify for an\u00a0<\/span><span class=\"c2\">airdrop<\/span><span class=\"c2\">\u00a0when the token launches. There\u2019s no official confirmation yet, but the community expects early users to be rewarded.<\/span><\/p>\n<h2 id=\"h.bqw5hstyxw16\" class=\"c5 c14\"><span class=\"ez-toc-section\" id=\"Conclusion\"\/><span class=\"c10 c3\">Conclusion<\/span><span class=\"ez-toc-section-end\"\/><\/h2>\n<p class=\"c5\"><span class=\"c1\">However, the real test will come with the transition from testnet to mainnet. In practice, some information about the startup valuation data is often delayed and not fully transparent. But that is where the Ventuals\u2019 oracle system must prove that it can deliver accurate and manipulation-resistant pricing. On top of this, during the high attention of legal institutions, there are regulatory challenges. The futures trading based on pre-IPO assets could fall into complicated legal categories in different jurisdictions if Ventuals wants to scale globally.<\/span><\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/nftevening.com\/what-is-ventuals-protocol\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=what-is-ventuals-protocol\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In recent times, the crypto market seems to lack narratives to enter the \u201cbullish phase.\u201d With some highlights between adding the traditional finance market to crypto protocol, Ventuals is gaining more and more attention from the market. What is Ventuals Protocol? Ventuals is a DeFi platform that allows users to trade perpetual futures contracts based [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/08\/What-is-Ventuals-Protocol-Exposure-With-Pre-IPO-Perpetuals_1.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/22383"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=22383"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/22383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/22384"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=22383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=22383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=22383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}